Sep, 30, 2025 — MORRIS SHEPPARD TEXARKANA FEDERAL CREDIT UNION is a federal credit union headquartered in TEXARKANA, TX with 1 branch location and about $12.68 million in total assets. Opened 92 years ago in 1934, MORRIS SHEPPARD TEXARKANA FEDERAL CREDIT UNION has about 1,258 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MORRIS SHEPPARD TEXARKANA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 419 W 4TH ST TEXARKANA, TX 75501 |
| Phone: | (903) 798-3918 |
| Fax: | (903) 794-3152 |
| Website: | https://www.morrissheppardfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,258 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,676,797 |
| CEO/Manager: | JENNIFER PRICE |
| Chairperson: | PAUL T MARTIN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,310,299 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 894,156 |
| Other Loans | 7,922,454 |
| TOTAL LOANS | 8,816,610 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,214 |
| Land And Building | 40,498 |
| Other Fixed Assets | 8,200 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 104,562 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,676,797 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,986 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 505,250 |
| Regular shares | 6,157,731 |
| All Other Shares & Deposits | 4,562,433 |
| TOTAL SHARES & DEPOSITS | 11,225,414 |
| TOTAL LIABILITIES | 11,231,400 |
| Regular Reserve | 0 |
| Other Reserves | 203,071 |
| Undivided Earnings | 1,242,326 |
| TOTAL EQUITY | 1,445,397 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,676,797 |
| INCOME & EXPENSE | |
| Loan Income | 450,806 |
| Investment Income | 71,515 |
| Other Income | 24,500 |
| Total Employee Compensation & Benefits | 159,642 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 181,143 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,088 |
| Cost of Funds | 161,279 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 68,485 |
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